Market Data Operations Analyst

Posted:
8/28/2024, 9:36:13 PM

Location(s):
Mumbai, Maharashtra, India ⋅ Maharashtra, India

Experience Level(s):
Junior ⋅ Mid Level

Field(s):
Operations & Logistics

We seek a detail-oriented Market Data Operations Analyst to join our team. In this role, you will play a crucial part in ensuring the smooth operation of our market data infrastructure, focusing on subscriber classification, invoice management, cost control, and vendor communication.

Job Description & Responsibilities

  • Subscriber Classification: Research and accurately classify market data subscribers using online tools and resources, ensuring correct assignment for billing and compliance purposes.
  • Invoice Management: Reconcile and process market data invoices, ensuring timely and accurate matching with contracts and variable volumes.
  • Customer Support: Provide accurate and timely customer support, resolving market data-related issues and providing status updates effectively.
  • Vendor Reporting: Accurately report usage numbers to market data vendors, adhering to contractual agreements and timelines.
  • Cost Control: Organize and maintain an accurate accounting of market data costs, identifying potential areas for savings and optimization.
  • Process Improvement: Participate in projects and initiatives to streamline market data operations, enhancing efficiency and service quality.
  • Documentation: Develop and maintain clear documentation on market data processes, usage guidelines, and subscriber information.

Qualifications

  • Bachelor’s degree or higher with a major or concentration in Finance, Economics, Accounting, Information Systems, or similar.
  • 2+ years of experience, preferably with some exposure to market data operations.
  • Ability to prioritize effectively and work independently with minimal supervision.
  • Strong team player and ability to collaborate across teams and with external vendors.
  • Excellent English oral and written communication skills.
  • Problem-solving capabilities with attention to detail.
  • Proficient in Microsoft Excel.
  • Understanding of JIRA issue tracking and Confluence collaboration tools (desirable).
  • Financial Information Associate and FISD Data Licensing (desirable).

Company Benefits & Perks: 

  • Competitive salary package.
  • Performance based annual bonus (cash and stocks).
  • Hybrid working model (3 days office/week).
  • Group Medical & Life Insurance.
  • Modern offices with free amenities & fully stocked cafeterias.
  • Monthly food card & company paid snacks.
  • Hardship/shift allowance with company provided pickup & drop facility*
  • Attractive employee referral bonus.
  • Frequent company sponsored team building events and outings.

* Depending upon the shifts.

**The benefits package is subject to change at the management's discretion.

 

Company Overview

Interactive Brokers Group, Inc. (Nasdaq: IBKR) is a global financial services company headquartered in Greenwich, CT, USA, with offices in over 15 countries. We have been at the forefront of financial innovation for over four decades, known for our cutting-edge technology and client commitment.

IBKR affiliates provide global electronic brokerage services around the clock on stocks, options, futures, currencies, bonds, and funds to clients in over 200 countries and territories. We serve individual investors and institutions, including financial advisors, hedge funds and introducing brokers. Our advanced technology, competitive pricing, and global market help our clients to make the most of their investments.

Barron's has recognized Interactive Brokers as the #1 online broker for six consecutive years. Join our dynamic, multi-national team and be a part of a company that simplifies and enhances financial opportunities using state-of-the-art technology.